Thailand’s SCBX names Arak Sutivong as next CEO

Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.

SCBX Group, the parent company ofThailand-based Siam Commercial Bank (SCB), has named Dr. Arak Sutivong as its next chief executive officer (CEO) effective 1 January 2027.

Sutivong currently serves as deputy CEO at SCB X public Company Limited, and the CEO of SCB DataX Company Limited. He oversees technology initiatives, with a focus on data, AI, and digital assets.

Sutivong brings 15 years of experience in banking and SCBX’s businesses. He has previously occupied the roles of president, chief financial officer, and chief strategy officer at SCB.

Sutivong will succeed Arthid Nanthawithaya, whose term will conclude on 31 December 2026.

In the announcement, incumbent CEO Nanthawithaya said that the next 18 months will be “a critical period of preparation for leadership succession.”

“This transition marks the beginning of a new chapter focused on sustainable growth and long-term success,” Nanthawithaya said.

He added that the group’s board selected Sutivong following a thorough selection process.